facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Single Family

/

Sale

/

16 Francis Avenue

Michael Kuritnik & Boris Kuritnik Sell Single Family Property In Cambridge For $8.6M
SOLDSingle Family

Michael Kuritnik & Boris Kuritnik Sell Single Family Property In Cambridge For $8.6M

16 Francis Avenue

$8,600,000

$1,162/SF

Building Size

7,400 SF

Asset Type

Single Family

Closing

May 28, 2024

AI

The single-family property located at 16 Francis Avenue in Cambridge, MA, was successfully sold for $8,600,000. Spanning 7,400 square feet, the property was acquired at a price per square foot of $1,162.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $8,600,000
  • Address: 16 Francis Avenue
  • Market: Cambridge, MA

Michael Kuritnik and Boris Kuritnik handled both the selling and brokering aspects of this transaction through Kumo Capital, showcasing their dual role in the successful sale of the property.

Players

Michael Kuritnik

Kumo Capital

Broker

$42.1M

vol

6 deals

Broker

Cambridge Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.84%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93